Liviu Stoleru, former CEO of brick manufacturer Cemacon and former CEO of building materials holding ROCA Industry, has been appointed as CEO of Symmetrica, the main player on Romania pavers and curbs.
Cemacon, Romania’s brick market leader, is taking its products to Hungary as part of its regional development plan.
Building materials producer Cemacon says 2023 brought, for the second year in a row, a significant contraction of the market it operates on, mainly amid slowing housing sector. Nevertheless, the company made further investments and plans to continue to do so.
Romania’s Competition Council is looking into a transaction whereby Cemacon SA, part of Paval Holding Group, seeks to acquire the company Euro Caramida SA.
Entrepreneurs Adrian Paval and Dragos Paval, owners of DIY chain Dedeman, have transferred the 73% stake Dedeman owned in brick manufacturer Cemacon to their investment vehicle Paval Holding.